Argent Minerals Limited (AU:ARD) has released an update.
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Argent Minerals Limited is launching a pro-rata non-renounceable entitlement offer to reward its loyal shareholders with New Options at a low price, aimed at raising approximately $288,064. The funds will be used for the company’s general working capital and offer expenses. Investors should note that the offer is not underwritten and any unclaimed entitlements will form a shortfall available for further allocation.
For further insights into AU:ARD stock, check out TipRanks’ Stock Analysis page.